Economy

LATEST PODCAST: Royal commission submissions, vertical integration and market share analysis
29 January 2018
mortgagebusiness

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Fresh fears over bank leverage and risk-taking
25 January 2018
mortgagebusiness

The Bank for International Settlements fears that the longer-term profitability of the global banking sector could encourage lenders to engage in risk-taking and excessive leverage.

Mortgage arrears fall in November
25 January 2018
mortgagebusiness

According to S&P Global Ratings, Australian mortgage arrears fell nationwide in November, with arrears in New South Wales and Victoria the lowest they’ve been in two years.

NSW government urged to make progress on housing affordability
25 January 2018
mortgagebusiness

An industry body has urged the Berejiklian government to “embrace progress” and advance its policy agenda to boost housing affordability.

‘No affordable housing markets in Australia’, report finds
24 January 2018
mortgagebusiness

Australia has no affordable housing markets, and Sydney is the second least affordable housing market in the world, a new report analysing 293 housing markets has found.

Millennials to eclipse Baby Boomer real estate spending
23 January 2018
mortgagebusiness

A major real estate group is confident that the next five years will see Millennials eclipsing the real estate spending power of Baby Boomers, with 66.1 per cent of those born between 1982 ...

Aussies more efficient with credit cards, causing debt to drop
23 January 2018
mortgagebusiness

According to new data, overall credit card debt has fallen for only the third time in Australian history.

Stamp duty must be eradicated, says senior economist
23 January 2018
mortgagebusiness

A senior economist has called for state governments to remove “inefficient” stamp duty taxes in order to ease housing affordability issues.

Sydney vacancy rates steady amid market instability
23 January 2018
mortgagebusiness

Residential vacancy rates in Sydney have remained stable despite fears of a downturn in the NSW capital’s housing market.

House building in 2018 may be ‘stronger than many analysts expect’
22 January 2018
mortgagebusiness

The construction of residential properties in the latter half of 2017 defied expectations of softening activity, with the Housing Institute of Australia predicting that the best is yet to ...